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HomeMy WebLinkAboutORDINANCE 1623-1995r~ ~ '~ r Suggested by: City of Kenai ORDI~iC14 CIO. i6Z3.9S AN ORDINANCE OF THE COUNCIL OF THE CITY~OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS $Y $3Q2;379 IN A NEW CAPITAL PROJECT FUND ENTITLED "WATER WELL DEVELOPMENT -~ 1995". WHEREAS, in August, 1994, the City received a Municipal Capital Project Matching Grant in the amount of $211,665 from the State of Alaska; and WHEREAS, the grant is for a "water quality/development program", and the City desires to use the grant as partial financing to develop a new water well; and WHEREAS, the grant must be matched with $90,714 of local money. NOW, THEREFORE, SE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: ~,ater_aDd Sg~'er ,e~.~t,i~ig Increase Estimated Revenues: Appropriation of Fund Balance ~~ Increase Appropriations: Water - Transfers ~'~.~ Water. Well Develotiment -- 1995 Increase Estimated Revenues: Transfer from Water & Sewer $ 90,714 State Grant `g2~~1~.1.6~~6pp5 ~GiiXiiii'if.'G Increase Appropriations: Administration $ 3,000 Engineering 2.2,000 Land Acquisition & Surveying 30,000. Construction 247379 • r ' ' A ~~ -.,: fi i• Ordinance ~Io. i623-95 Page Two PASSED BY THE COONCIL OF THE CITY OF KENAI, ALASKA, this 18th day of January, 1995. ^,. ATTEST: Carol L. Frees, C y Clerk Introduced: Adopted: Effective: • L_J Approved by Finance: ~ ~~ ~12/29/94~ kl January 4, 1995 January i8, 1995 January 18, 1995 ;. :, I :. 5 ~- .. ~'~ - _ ,,-